Kaieteur News

• ExxonMobil pushes back against calls for ring-fencing new oil projects

  …says current structure maximizes value for the country (Kaieteur News) – After almost six years of producing oil, Guyana is now finally enjoying a greater share of profits from the Stabroek Block as the investments made by ExxonMobil have been recovered. The company is however chasing approval from government for an additional two projects that could […]

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• All overpayments recovered or cleared by contractors, Auditor General reveals

  (Kaieteur News) – Public sector contractors have fully repaid or cleared all state overpayments identified in previous audit cycles, Auditor General Deodat Sharma revealed on Friday as he submitted his 22nd annual report on the nation’s public accounts to Speaker of the National Assembly Manzoor Nadir. The disclosure comes as the Audit Office moves toward real-time […]

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• Fuel prices jump 13% at Guyoil

  (Kaieteur News) – The Guyana Oil Company Limited (Guyoil) on Saturday increased fuel prices by as much as 13% as the war in the Middle East continues to affect global supplies. This newspaper confirmed that the cost per litre of gasoline jumped from $228 to $258- forcing consumers to pay an additional $30 more for an […]

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